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Define the gropus of Profit maximisation criterion
Profit maximisation criterion has, though, been questioned and criticized on several grounds. Reasons for the opposition in academic literature all into two broad groups:
(i) those which are based on misapprehensions about the workability and fairness of private enterprise itself, and
(ii) those which arise out of the difficulty of applying this criterion management, refers to an explicit operational guide for internal investment and financing of a firm and not overall goal of business operations.
Mount Hutt Ltd. just paid dividend of $2.20 per share. The dividends are expected to grow at a constant rate of 4% per year, indefinitely. If investors require an 11% return on Mou
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Explain Capital Budgeting and its methods.
w risk associated with working capital
IMPORTANT FACTORS FOR SUCCESSFUL BUDGETARY CONTROL 1. Clearly defined organization structure. 2. Top management support. 3. Reporting of deviations 4. Efficient acco
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An investor, who wants to sell a bond even before it reaches its maturity date, would be concerned as to whether he will receive a price that is close to the true
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